from a maximum output of 60kW and a maximum torque of 960Nm to a maximum output of 100kW and a maximum torque of 1,700Nm.   The research and development of in-wheel motors is being conducted as a project subsidized by NEDO. In-wheel motor display In-wheel motor explanation panel   BYD U8 disassembly exhibit at MarkLines booth MarkLines: BYD U8 e-Axle teardown exhibit   MarkLines focused this year's exhibition on displaying p...

Market & Tech Reports  Updated at: 2025/06/16

Indonesia: BYD, GAC Aion and VinFast set up EV plants Government provides tax incentives for EVs and HVs, EV battery production grows Summary Electrification policy: In 2025, value added tax, import duties, and luxury goods sales tax reduction for EVs; luxury goods sales tax reduction for HVs Electrified vehicle sales in Indonesia: 2024 BEV sales increase 2.5 times to 43,000 units VinFast, BYD and GAC Aion to build EV plants Increasing production...

Market & Tech Reports  Updated at: 2025/06/13

for NEVs in China II. Development trends of lithium-ion battery technology for NEVs III. Product structure and delivery status of major lithium-ion battery companies IV. Emerging NEV lithium-ion battery manufacturers V. Status of Non-Chinese lithium-ion battery companies in China CATL FinDreams (BYD) Gotion High-tech CALB EVE Energy SVOLT Energy Sunwoda LG Energy Solution Panasonic       In 2024, the production and sales of New E...

Market & Tech Reports  Updated at: 2025/06/12

s of the FAW, Dongfeng, and BAIC groups.   Related reports: VW China: Accelerating Local Development and Launch of New Vehicles (Jun. 2025)Auto Shanghai 2025: SAIC (Jun. 2025)Auto Shanghai 2025: Geely, Chery (May 2025)Auto Shanghai 2025: GAC, Changan, Great Wall Motor (May 2025)Auto Shanghai 2025: BYD (May 2025)Auto Shanghai 2025: China's Emerging EV Makers (May 2025)Auto Shanghai 2025: Japanese OEMs (May 2025)           The Hongqi brand u...

Market & Tech Reports  Updated at: 2025/06/12

trating the company's technological development capabilities in the intelligent connected field. The entire VW group is strengthening its connectivity products.     Related reports:Auto Shanghai 2025: SAIC (Jun. 2025)Auto Shanghai 2025: GAC, Changan, Great Wall Motor (May 2025)Auto Shanghai 2025: BYD (May 2025)Auto Shanghai 2025: China's Emerging EV Makers (May 2025)Auto Shanghai 2025: Japanese OEMs (May 2025) VW Group: Partnership with Rivian ...

Market & Tech Reports  Updated at: 2025/06/11

45-2.6 meters) totaled 223,000 units, up 11% y/y and accounting for 29% of the total BEV volume. There were 18 manufacturers with a New Energy passenger car wholesale volume exceeding 10,000 units in May, up 3 y/y and taking up 91.3% (90.9% last month) of the total volume. These manufacturers were: BYD (376,930 units), Geely (138,021 units), Changan Auto (80,909 units), SAIC-GM-Wuling (62,686 units), Tesla China (61,662 units), Chery (56,974 unit...

Market & Tech Reports  Updated at: 2025/06/10

ing sustainability and profitability. In addition, several ChargePosts can also be combined to form a virtual power plant [1]. EASY GRID CONNECTION   The company XCharge presented its battery- integrated charging system in 2022. The Net Zero Series charging unit was developed together with BYD and provides a maximum output power of 210 kW. It supports the simultaneous charging of up to two electric vehicles [3]. The liquid-cooled lithium...

Market & Tech Reports  Updated at: 2025/06/05

X," the Maxus "G50 Hybrid," IM's MY2025 "L6" and by-wire AI cockpit concept, Baojun's new flagship sedan "Xiangjing," and Wuling's MY2025 "Wuling Xingguan."   Related reports:Auto Shanghai 2025: Geely, Chery (May 2025)Auto Shanghai 2025: GAC, Changan, Great Wall Motor (May 2025)Auto Shanghai 2025: BYD (May 2025)Auto Shanghai 2025: China's Emerging EV Makers (May 2025)Auto Shanghai 2025: Japanese OEMs (May 2025)     According to SAIC, exports i...

Market & Tech Reports  Updated at: 2025/06/03

BEV and PHV Trends of Chinese Manufacturers BYD surpasses Tesla to become world's top seller of BEVs Summary Sales trends by BEV model Sales trends by PHV model BYD enters the Japanese PHV and mini BEV markets Global sales of BEVs (including range extender EVs) were dominated by Tesla until 2023, but BYD rapidly expanded its sales volume, putting it in competition with Tesla. By quarter, BYD has exceeded Tesla's sales volume since Q4 2024 and ha...

Market & Tech Reports  Updated at: 2025/06/02

ding the Zongheng G700 and Zongheng G900. iCAR exhibited its V23 series pickup truck and convertible concept cars, announced its global brand iCAUR, and presented its all-new pickup truck series HIMLA. Related reports:Auto Shanghai 2025: GAC, Changan, Great Wall Motor (May 2025) Auto Shanghai 2025: BYD (May 2025)Auto Shanghai 2025: China's Emerging EV Makers (May 2025)Auto Shanghai 2025: Japanese OEMs (May 2025) Chery: Jump in NEV Sales; Promoti...

Market & Tech Reports  Updated at: 2025/05/30

  This report introduces the exhibits in the fields of smart cockpit solutions and HMI from Banma, Pony.ai, Huaqin Technology, Neusoft, ReachAuto, Joyson Electronics, Autolink, iFLYTEK, and SenseAuto. Related reports:Auto Shanghai 2025: GAC, Changan, Great Wall Motor (May 2025) Auto Shanghai 2025: BYD (May 2025)Auto Shanghai 2025: China's Emerging EV Makers (May 2025)Auto Shanghai 2025: Japanese OEMs (May 2025)         Banma's booth ...

Market & Tech Reports  Updated at: 2025/05/28

e month last year. The results indicate that BEV sales share and growth rate continued to be strong in April.   Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models (000 units) - Model Maker/Brand P/T 2025 April 2024 April Y-o-Y 2024 Jan.-Apr. total 2023 Jan.-Apr. total Y-o-Y 1 Seagull BYD BEV 48 31 56.5% 154 97 59.1% 2 Model Y Tesla BEV 48 65 -25.3% 237 300 -20.9% 3 Wuling Hongguang MINI EV Wuling BEV 36 12 201.2% 138 41 232.9% ...

Market & Tech Reports  Updated at: 2025/05/26

ely electric mobility registrations (including 2-wheelers) of 9,905 units in March 2025, up 33.2% YoY. In the first 3 months of 2025, registrations of purely electric mobility totaled 31,991 units, up 7.7% YoY.   As shown in the graph above depicting the top 10 best-selling BEV brands in Thailand, BYD Auto led the market during January–March 2025, maintaining its top position with 8,924 registered units. GAC Group and Changan Auto rose to seco...

Market & Tech Reports  Updated at: 2025/05/21

ve technology and supply chain, and one media zone.   This report mainly introduces the exhibits of own-brand models of Guangzhou Automobile Group Co., Ltd. (GAC Group), Chang'an Automobile Co., Ltd. (Changan), and Great Wall Motor Company Limited (GWM).   関連レポート：Auto Shanghai 2025: BYD (May 2025) Auto Shanghai 2025: China's Emerging EV Makers (May 2025)Auto Shanghai 2025: Japanese OEMs (May 2025)Changan Auto: Targeting Sales of 5...

Market & Tech Reports  Updated at: 2025/05/20

45-2.6 meters) totaled 202,000 units, up 20% y/y and accounting for 28% of the total BEV volume. There were 17 manufacturers with a New Energy passenger car wholesale volume exceeding 10,000 units in April, up 3 y/y and taking up 90.9% (92% last month) of the total volume. These manufacturers were: BYD (372,615 units), Geely (125,563 units), SAIC-GM-Wuling (75,610 units), Tesla China (58,459 units), Chery (55,023 units), Changan Auto (54,756 unit...

Market & Tech Reports  Updated at: 2025/05/14

Auto Shanghai 2025: BYD BYD brand unveils six models and Denza brand premieres sports car concept Summary BYD: "Dynasty-D" full-size concept car, Ocean series premieres five models Denza: World premiere of the "Z" sports car concept Yangwang: Exhibiting its full lineup; world premiere of the U8L full-size SUV Fangchengbao: 583 Family models shown together for the first time BYD's booth   Auto Shanghai 2025, officially known as the 21st ...

Market & Tech Reports  Updated at: 2025/05/14

Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs Chinese OEMs expand EV production; Changan, Chery to start up new plants Summary Thai government policies: Tax incentives for HVs, MHVs, and PHVs EV sales in Thailand slow in 2024, HV sales grow 1.5-fold Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to incre...

Market & Tech Reports  Updated at: 2025/05/12

Show (BIMS) took place in Thailand from March 26 to April 6, 2025, under the theme "The Talk of Sensuous Automotive." Press Day and VIP Day were scheduled for March 24-25.   This year's event will feature a diverse lineup of international automotive brands, including Aion, Audi, Aston Martin, BMW, BYD, Changan (Deepal / AVATR), Chery, Farizon, Ford, Denza, Geely, GWM, Honda, Hyundai, Isuzu, Juneyao, Jeep, Lexus, Maserati, Mazda, Mercedes-Benz, M...

Market & Tech Reports  Updated at: 2025/05/08

AC Toyota).   Toyota announced that it will increase localization in order to enhance its competitiveness in the Chinese market. Intelligent ElectroMobility R&D Center by Toyota (China) Co., Ltd. (IEM by Toyota), FAW Toyota Motor Co., Ltd (FAW Toyota)., GAC Toyota Motor Co., Ltd. (GAC Toyota), and BYD Toyota EV Technology Co., Ltd. (BYD Toyota) will integrate as ONE R&D to accelerate research and development. In addition, the company announced t...

Market & Tech Reports  Updated at: 2025/05/07

egy.   Related reports:Mexico: Chinese vehicles account for 30% of imports and 20% of sales (Jun. 2024) Business Trends of Chinese Parts Suppliers in Mexico (May. 2024)Chinese OEM Overseas Expansion Activities: SAIC, Chery, Dongfeng, Changan (Jun. 2023)Chinese OEM Overseas Expansion Activities: BYD, Geely, Great Wall, NIO, Xpeng (Apr. 2023)   Mexico's light vehicle sales and imports(Source: Created by MarkLines based on INEGI data) ...

Market & Tech Reports  Updated at: 2025/04/30